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IndusInd Bank Credit Card Bill Payment: A Comprehensive Guide
Are you an IndusInd Bank credit card holder looking for convenient ways to pay your bills? Look no further! This article will walk you through the various methods to pay your IndusInd Bank credit card bill, ensuring you never miss a payment. Online Payment Methods Net Banking: A Step-by-Step Guide…
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Punjab National Bank Manager Accused of Illicit ₹1.45 Lakh Transfer, Police Initiate Inquiry
A legal case has been lodged against the Punjab National Bank’s Station Road branch manager and another person, following a judicial directive. The manager stands accused of illicitly transferring ₹1.45 lakh from a client’s account to a different one. Pursuant to the case registration, the Kotwali police have initiated an…
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Australia’s police joins global campaign to disrupt crypto scams
The Australian Federal Police has teamed up with Chainalysis to identify more than 2,000 hacked cryptocurrency wallets owned by Australians. Australia’s national police agency, the Australian Federal Police, has partnered with blockchain forensics specialist Chainalysis to combat cryptocurrency fraudsters as the number of hacked cryptocurrency wallets belonging to Australians has…
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Australia’s police joins global campaign to disrupt crypto scams
The Australian Federal Police has teamed up with Chainalysis to identify more than 2,000 hacked cryptocurrency wallets owned by Australians. Australia’s national police agency, the Australian Federal Police, has partnered with blockchain forensics specialist Chainalysis to combat cryptocurrency fraudsters as the number of hacked cryptocurrency wallets belonging to Australians has…
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Shekel depreciation accelerates – Globes
This week’s trading in the foreign exchange market opened with further weakness for the shekel against major currencies. The shekel-dollar exchange rate is currently up 0.55% compared to Friday’s representative rate, at NIS 3.8279/dollar, and the shekel-euro rate is up 1.99%, at NIS 4.1932/euros. Last week’s trading once again demonstrated…
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Weekly update on interest rates expectations
Interest rate cuts by year-end Fed: 125bp (96% chance of 50bp rate cut at next meeting) ECB: 75 basis points (97% chance of rate cut at next meeting) Bank of England: 53bp (57% chance of no change at next meeting) Bank of Canada: 80 basis points (77% chance of rate…
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XRP Developers Furious Over Ripple’s Edited Clip: Here’s Why
In a recent development that has sparked a major outcry within the XRP Ledger (XRPL) developer community, Ripple has come under fire for editing a podcast segment. The edited segment was part of Ripple’s new podcast series titled “Exploring Ripple’s New Stablecoin Ripple USD (RLUSD),” which featured CTO David Schwartz…
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XRP Developers Furious Over Ripple’s Edited Clip: Here’s Why
In a recent development that has sparked a major outcry within the XRP Ledger (XRPL) developer community, Ripple has come under fire for editing a podcast segment. The edited segment was part of Ripple’s new podcast series titled “Exploring Ripple’s New Stablecoin Ripple USD (RLUSD),” which featured CTO David Schwartz…
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David Beckham-backed Guild Esports set for takeover by US-based DCB Sports By Reuters
(Reuters) – Shares of David Beckham-backed Guild eSports jumped more than 54 percent in early trading on Monday after the gaming company said it plans to accept a takeover offer from California-based investment management firm DCB Sports. Financial details of the deal were not disclosed by Guild Esports, which said…
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Government Set to Introduce Three Major Bills in Parliament This Week
This week, the government is poised to introduce three significant Bills in Parliament. These include amendments to banking laws, changes to the Oilfields (Regulation and Development) Act, and provisions for Scheduled Tribes (STs) representation in the Goa Assembly. Banking Laws (Amendment) Bill, 2024 The Union Cabinet has approved the introduction…
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Dogecoin Price (DOGE) Slips Alongside Bitcoin and Ethereum: Market Analysis
Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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Yen rises to 7-month highs as US slowdown fears spill over By Reuters
By Vidya Ranganathan SINGAPORE (Reuters) – The Japanese yen hit its highest level against the dollar since January on Monday as markets continued to move in a week that began after weak U.S. employment data stoked recession fears and expectations of deeper interest rate cuts by the Federal Reserve. Friday’s…
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Private Banks to Offer UPI Credit to New Customers Using Fixed Deposits as Collateral
Private banks are planning to target new-to-bank customers with credit on UPI using fixed deposits (FDs) as collateral. Although NPCI has not yet launched the credit-line-on-UPI service, banks are preparing their framework for the same. Lending Against Deposits Lending against deposits is a cost-effective way for banks compared to issuing…
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WazirX Abandons Plan To Share $230M Loss Among Every User
Indian cryptocurrency exchange WazirX has found itself at the center of a major controversy after proposing a social loss distribution plan to distribute the massive $230 million in losses it incurred due to the severe WazirX exploit. The exchange’s attempt to distribute the losses, which it dubbed the “55/45 plan,”…
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WazirX Abandons Plan To Share $230M Loss Among Every User
Indian cryptocurrency exchange WazirX has found itself at the center of a major controversy after proposing a social loss distribution plan to distribute the massive $230 million in losses it incurred due to the severe WazirX exploit. The exchange’s attempt to distribute the losses, which it dubbed the “55/45 plan,”…
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Japan’s shares plunge more than 10% extending sell-offs; July services PMI revised downwar
ronniechua/iStock via Getty Images The Nikkei 225 index fell more than 10% to around 31,135 while the broader Topix lost 6.5% to 2,370 early Monday, with both indexes hitting seven-month lows on concerns about rising interest rates in Japan and also under pressure from safe-haven buying. Amid global stock sell-offs…
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FX Watch: AUD/JPY’s Potential Pullback On RBA’s Event
The Reserve Bank of Australia is up this week! Markets are pricing in a “neutral” event that could pave the way for a “buy the rumors, sell the news” scenario for the AUD. But what if the AUD extends its downtrend instead? In case you missed last week’s FX recap,…